Go to the Globe and Mail homepage

Jump to main navigationJump to main content

German Chancellor and Christian Democratic Union party leader Angela Merkel reacts before a party board meeting in Berlin, May 7, 2012. (Fabrizio Bensch/Reuters/Fabrizio Bensch/Reuters)
German Chancellor and Christian Democratic Union party leader Angela Merkel reacts before a party board meeting in Berlin, May 7, 2012. (Fabrizio Bensch/Reuters/Fabrizio Bensch/Reuters)

Explainer

The shifting balance of power in the euro zone Add to ...

German Chancellor Angela Merkel finds herself increasingly isolated despite holding the euro area's purse strings, as the drive for austerity collides with the reality that ordinary people across Europe are fed up with the brutal impact of aggressive belt-tightening measures.

More Related to this Story

In the know

Most popular video »

Highlights

More from The Globe and Mail

Most Popular Stories